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    Data was last updated 2023-12-06 at 12:06:48 GMT
    $2,500,000

    52 Hiawatha St   St. Thomas, Ontario

    MLS®: X7343028
    URL:    
    The Investments Group is proud to offer for sale 52 Hiawatha Street, St. Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns.
    The Investments Group is proud to offer for sale 52 Hiawatha Street, St. Thomas, ON, a 12-unit purpose-built multifamily opportunity. This building offers 11 two-bedroom units and 1 one-bedroom unit, the property is perfectly situated in a central location, offering proximity to downtown and essential amenities, all within the main employment node. The inclusion of separate hydro meters enhances operational efficiency, while recent capital upgrades within the last two years ensure a well-maintained asset with strong economic life. The property's unique selling point lies in its substantial 40% rental upside, providing an attractive proposition for investors seeking strong returns.

    Listing Information

    Prop. Type:
    Investment
    City:
    St. Thomas
    Status:
    Active
    MLS® Number:
    X7343028
    Area:
    Elgin
    Province:
    Ontario
    Listing Date:
    Dec 04, 2023
    Listing Price:
    $2,500,000
    Taxes:
    $21,157
    List Price Code:
    For Sale

    General Information

    Tax Type:
    Annual
    Lot Code:
    Lot
    Freestanding?:
    Y
    Total Area:
    9373.00 Sq Ft
    Possession Terms:
    Flexible
    Tax Year:
    2023
    Lot Front:
    98.17

    Additional Information

    Heating Type:
    Gas Forced Air Open
    Elevator:
    None
    Garage Type:
    Outside/Surface
    Utilities Available:
    Y

    Land Information

    Rail:
    N
    Water Service:
    Municipal

    Other Information

    Property Type:
    Apartment
    Air Conditioning:
    N
    Zoning:
    N/A
    Seller Info Statement:
    N

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    This property is listed by Royal Lepage Signature Realty and provided here courtesy of Frank Leo. For more information or to schedule a viewing please contact Frank Leo.
    Frank Leo
    Remax West Realty Inc.
    Phone: 416-917-5466
    Mobile Phone: 416-917-5466
    Inquire Via Email
    The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Toronto Real Estate Board.